Its NOT a Health Bill, NOT a Medicare Tax and It Cant Possibly Cost Only $940 Billion

Posted by Alan Reynolds

* The reconciliation bill is not a health bill but an anti-health bill. It relies heavily on price controls, taxes and fines to punish doctors, hospitals and formerly innovative companies the produce prescription drugs and medical devices. If we treated farmers, food companies and grocery stores the way Congress threatens to treat the health industries would anybody expect food to become better or cheaper? * The 3.8% tax on both labor and investment income is not a Medicare tax. Its surtax on income that goes into the slush fund, not the Medicare trust. The bill could not possibly cost only $940 billion unless it contained a sunset provision  repealing the law after 2019.

In fact, new spending is negligible for four years. At that point the government would start luring sixteen million more people into Medicaids leaky gravy train, and start handing out subsidies to families earning up to $88,000. Spending then jumps from $54 billion in 2014 to $216 billion in 2019. Thats just the beginning.

Correct, its not any of those things. I think of it as a democrat party core constituency realignment bill. They are in the process of removing working Americans and elderly from their reliable voting blocks, and replacing them with those that don't work (but get govt monies) and illegals (soon to become legals).

6
posted on 03/21/2010 6:09:17 PM PDT
by C210N
(A government big enough to give you everything you want, is big enough to take everything you have)

When I heard a congressman yesterday, for the very first time (despite having followed this nightmare as closely as anyone), saying that this monstrosity includes LONG TERM CARE, I hit the ceiling with my head and my jaw was STILL on the floor.

Who doesn’t know by now that long term care costs people everything the have or ever will have? There is not enough money in the world (much less spare funds laying around in the USA) to give all Americans long term care.

Like the Carpenters’ song used to say “We’ve only just begun...” to find out what blank-check, budget-busting, bank-breaking, bond-rating-devaluing, Christmas tree ornaments are still out there for us to be surprised by.

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